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princesshoor

07/06 09:24Bullish

Is Cardano’s price rally over? Here’s why ADA

#HTX Creation Challenge — Post and Win 1,500U 💥 #HTX Invites You to Share 600K USDT in Gift Packs #World Cup Predictions: 100,000 USDT Daily Is Cardano’s price rally over? Here’s why ADA could target $0.30 next Every sharp parabolic rally can easily be written off as another hype cycle. At first glance, Cardano [$ADA] seems to fit that narrative. After three consecutive red quarters, each posting average losses of more than 40%, $ADA had become one of the weakest-performing major altcoins this cycle. But is that trend finally starting to reverse? From the technical standpoint, $ADA has kicked off Q3 with a strong 30% rally, outperforming the broader altcoin market. More notably, its gains are over 2.3x larger than Ethereum’s [ETH] so far this quarter, suggesting that capital may be rotating back into $ADA as momentum begins to build.
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